Reply to post: Southport (PR8)? But the *Daily Mail* got there first?

Hapless engineers leave UK cable landing station gate open, couple of journos waltz right in

Anonymous Coward
Anonymous Coward

Southport (PR8)? But the *Daily Mail* got there first?

How did the Daily Mail's City-centred muppets even know where Southport was, never mind PR8? Oh, maybe they read about it (and the relevant staff names) in a brochure which is (now) linked from the comments here.

"...

the Hibernia Express carves a much straighter route and its extraordinary speed – six milliseconds faster than its nearest rival – makes it crucial for investment banks and hedge funds engaged in high-frequency trading.

Traders nicknamed 'flash boys' use super-computers capable of placing millions of orders each day, and gain an advantage by moving trades milliseconds before their rivals. Industry insiders say a reduction in speed of just one millisecond can be worth up to £77 million a year, which explains why firms reportedly pay £3 million a year for access to the cable.

..."

The Register is owned and operated by

Situation Publishing Limited

Unit 1

Portland Street Trading Estate

14 Portland Street

Southport

PR8 1LJ

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

SUBSCRIBE TO OUR WEEKLY TECH NEWSLETTER

Biting the hand that feeds IT © 1998–2020